Press release
Patient Simulators Market Estimated to Flourish by 2025 - Leading Players CAE Healthcare, Laerdal Medical, 3D Systems, Gaumard Scientific, Kyoto Kagaku Co., Simulab Corporation, Simulaids, Surgical Science and Surgical Science
Patient Simulators Market is expected to reach US$ 2,373.1 Mn in 2025 from US$ 694.6 Mn in 2017. The global patient simulators market is estimated to grow with a CAGR of 16.8% from 2018-2025.Patient simulators market is segmented by product and end user. Global patient simulators market, based on the product was segmented into adult patient simulator, infant simulator, and childbirth simulator. The patient simulators market, based on end user was segmented into academic institutes, hospitals, and military organizations.
The major players operating in the global patient simulators market include, CAE Healthcare, Laerdal Medical, 3D Systems, Inc., Gaumard Scientific, Kyoto Kagaku Co., Ltd., Simulab Corporation, Simulaids, Surgical Science, Surgical Science and Limbs & Things LTD among others. For instance, in June 2018, CAE Healthcare launched CAE Ares, designed to meet and exceed the life support training requirements of emergency care providers worldwide.
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Patient simulators are incorporated with computer software which helps to replicate normal and abnormal responses of the body to events that include attack of asthma and therapeutic interventions, which include a drug side effect. Simulated blood can be propelled into the veins through an intravenous tube. Patient simulators are life-like manikins that react physiologically as they were alive. The report would be of an interest to various stakeholders operating in the patient simulators market. These stakeholders include academic medical centres, government research organizations, hospitals & clinics, research & consulting firms, insurers, medical devices companies, and professional societies.
Global patient simulators market, based on the product was segmented into adult patient simulator, infant simulator, and childbirth simulator. In 2017, the adult patient simulator segment held a largest market share of 50.3% of the patient simulators, by product. This segment is also expected to dominate the market in 2025. The growth of the market is primarily attributed to the use of adult patient simulators in various training programs across the globe and also the segment is expected to grow with the fastest growth rate of 16.8% during the forecast period, 2018 to 2025.
The report analyzes factors affecting patient simulators market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all countries namely; Germany, France, UK, Italy and Spain after evaluating political, economic, social and technological factors effecting the market in these countries.
The report segments the global patient simulators market as follows:
Global Patient Simulators Market - By Product
• Adult Patient Simulator
• Infant Simulator
• Childbirth Simulator
Global Patient Simulators Market - By End User
• Academic Institutes
• Hospitals
• Military Organizations
Global Patient Simulators Market - By Geography
North America
• U.S.
• Canada
• Mexico
Europe
• UK
• Germany
• France
Asia Pacific (APAC)
• Japan
• China
• India
Middle East & Africa (MEA)
• U.A.E
• Saudi Arabia
• South Africa
South and Central America (SCAM)
• Brazil
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What our report offers:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Patient Simulators Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Patient Simulators, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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